Here is a cool article I just wrote. It shot to the top of google news very fast. You will want to look at it because it tells you what is in store for all real estate investor’s and how my business lines of credit are the solution for investor’s that will never be able to get sub-prime money again.
“The collapse of sub-prime real estate mortgage lenders and what the future looks like for real estate investors.”
With the highly publicized failures of many sub-prime mortgage lenders, like Ameriquest, Bear Stearns and many California sub-prime lenders, it’s time to learn about using unsecured business lines of credit to invest in real estate.
Sub-prime lenders offered sub-prime loans up to 100% of the value of a property, even to people with bad personal credit scores. This was easy money to get because of the flood of sub-prime mortgage loans into America from other markets.
But with easy money and large fees and profits to be made on every sub-prime mortgage loan that was underwritten - sub-prime mortgage lenders gave money to the wrong people. And now those people can’t repay their mortgages.
So these sub-prime mortgage lenders have closed their doors and the easy money in the residential sub-prime mortgage loan business is all gone.
What this means to real estate investors is that they need to find another source of funding for their profitable real estate investments. Because the great deals are out their even if the money to buy them and fix them up has gotten harder to come by.
Now smart investors need to learn about getting unsecured business lines of credit. This is the last easy money source for people that don’t want to use a lot of their own cash to invest in profitable real estate deals.
Find out where to get the best lines of credit @
www.cashflowexperts.biz/ultimate
Using unsecured business lines of credit is a great way to make money in real estate by buying quality properties without using any of your own money.
This does not mean a return to the no money down investing techniques of the 70‘s and 80‘s. Many of these techniques are simply gimmicks that make you the owner of an over priced property that nobody else wants. Who wants a no money down house that you can never sell for a profit.
There is usually a good reason people give houses away for no money down.
Today’s investors needs to use proven techniques to leverage lines of credit to buy good property. If you are using unsecured lines of credit to get the money to invest, you can buy a lot more real estate than you can buy if you only used your own cash.
Seems like a no brainier to recommend that people buy more real estate in today’s great buyers market.
Investing in 2 houses is better than one. But you will meet people that still believe that it’s a good idea to use ONLY their own cash buy real estate.
How much real estate could you invest in if you never needed to use your own money?
The rich get rich because they control more assets than the middle class does. They buy 5 good investment properties to every 1 that we buy.
Everyone historically makes money in real estate - the rich just make a lot more because they own a lot more. And they buy all this real estate using lines of credit.
Find out where to get the best lines of credit @
www.cashflowexperts.biz/ultimate
And this phase 1 buyers market we are now in is the best time to buy. Real estate prices will surly be higher a year from now.